Sunday, November 30, 2014

Loan scam artists target NYC minorities

Foreclosure-rescue scam artists are reaping millions of dollars off the backs of struggling New York homeowners, according to a new study. This scourge often receives little notice outside the Southeast Brooklyn, Northeast Bronx and Southeast Queens communities that were hardest hit by foreclosures and, not surprisingly, now serve as the biggest magnets for scam artists. But it’s a growing problem afflicting more than 2,700 families in New York state alone.